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Bitcoin - BULLISH, but is it REVERSAL?

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BITSTAMP:BTCUSD   Биткоин
Hi Traders, Investors and Speculators

Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.

A quick scalp update on BTC 4h. Bitcoin has been seeing a mini rally over the past 48 hours. BTCUSDT 4h may seem bullish , but I'm not convinced that it's a reversal just yet. Overall, market conditions are still too bearish to call for the start of another bull market. I believe we may see some extreme weekend volatility . However, by taking a quick look at Fibonacci retracement Bollinger Bands in the 4h, we see a possible price target towards $23K for the IMMEDIATE TERM.

Related news Highlights in Crypto :

👉 Total cryptocurrency market cap reclaims 1T
👉 Bitmex will ban Russian citizens and residents from accessing the exchange within the EU on July 11
👉 Crypto lender Voyager has filed for Chapter 11 bankruptcy
👉 South Korea an US agree to share investigation data on LUNA and $UST
👉 Crypto exchange Bitstamp will charge inactive users a monthly fee of $10.20
👉 KeyFi sues Celcius for allegedly defrauding the company
👉 Celsius Network completely pays of Bitcoin loan
👉 MATIC ERC-20 deposit and withdrawal now available on Robinhood


In cryptocurrency markets :
⁕ Ethereum ETH reclaims $1200 as it follows Bitcoin mini rally
⁕ CRVUSDT up 18%
⁕ LINKUSDT gains 3% following Bitcoin rally
⁕ SHIBUSDT Shiba Inu trades slightly lower
⁕ $COIN Coinbase stock up 18%
⁕ DOGEUSDT Dogecoin trades at $0.070

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